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Motorsport Games(MSGM) - 2024 Q2 - Quarterly Results
2024-08-10 04:10
财务预测 - 公司预计2024年6月30日季度净收入将在160万至180万美元之间[14] - 预计2024年6月30日季度运营净亏损将在120万至140万美元之间[14] - 预计2024年6月30日六个月的收入将在470万至490万美元之间[14]
Motorsport Games Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-10 04:10
MIAMI, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or "the Company") today reported financial results for its second quarter ended June 30, 2024. The Company has also posted the second quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website. "We are pleased to have built upon the foundation that our successful launch of Le Mans Ultimate achieved ...
Motorsport Games Announces $1 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Newsfilter· 2024-07-26 20:45
MIAMI, July 26, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) ("Motorsport Games" or the "Company"), today announced that it has entered into definitive agreements for the sale and issuance of 460,830 shares of Class A common stock (or pre-funded warrants in lieu thereof) of the Company at an offering price of $2.17 per share (or per pre-funded warrant in lieu thereof), in a registered direct offering priced at-the-market under the Nasdaq rules. In a concurrent private placement, Motorsport G ...
Le Mans Ultimate releases first DLC including Imola Circuit, Lamborghini SC63 and Peugeot 9X8 2024
Newsfilter· 2024-07-24 04:01
MIAMI, July 23, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM)("Motorsport Games" or the "Company"), a racing game developer and publisher, is today releasing the first Downloadable Content (DLC) Pack for ‘Le Mans Ultimate', the official game of the FIA World Endurance Championship and 24 Hours of Le Mans. Available from today, this release marks the first outing of new additions to the 2024 grid, and adds to a growing roster of race tracks. The inaugural DLC pack ("2024 Pack 1") is themed aro ...
Motorsport Games Inc. Announces Preliminary Financial Results for Q2 2024
Newsfilter· 2024-07-10 21:00
MIAMI, July 10, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM), a racing game developer and publisher, today disclosed its preliminary financial results on an unaudited basis for the quarter ending June 30, 2024. The company anticipates reporting net income ranging between $1.6 million and $1.8 million for the quarter ending June 30, 2024, compared to a net loss of $8.2 million reported during the same period in the previous year. This expected increase in net income is primarily due to: Recog ...
Le Mans Ultimate June Update Lands Alongside BMW M Hybrid LMDh and Art Car Livery
Newsfilter· 2024-06-10 21:00
MIAMI, June 10, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) is today releasing a major update to Le Mans Ultimate, the official game of the FIA World Endurance Championship and 24 Hours of Le Mans. This June update introduces significant new features and new content to enhance the player experience. The update includes the introduction of new gameplay features requested by the community such as a Radar to help players with situational awareness in close-quarter situations. Also added to the ...
Motorsport Games Regains Compliance With NASDAQ Listing Rules
Newsfilter· 2024-06-06 04:01
MIAMI, June 05, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM), the racing game developer and publisher, is pleased to announce that it has regained compliance with the continued listing requirements of the NASDAQ Stock Market. "We are pleased to have regained compliance with NASDAQ continuing listing requirements," said Stephen Hood, CEO of Motorsport Games Inc. "This milestone reflects our dedication to maintaining strong corporate governance and financial integrity. We are excited about the ...
Motorsport Games Regains Compliance With NASDAQ Listing Rules
GlobeNewswire News Room· 2024-06-06 04:01
MIAMI, June 05, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM), the racing game developer and publisher, is pleased to announce that it has regained compliance with the continued listing requirements of the NASDAQ Stock Market. “We are pleased to have regained compliance with NASDAQ continuing listing requirements,” said Stephen Hood, CEO of Motorsport Games Inc. “This milestone reflects our dedication to maintaining strong corporate governance and financial integrity. We are excited about th ...
Motorsport Games(MSGM) - 2024 Q1 - Earnings Call Transcript
2024-05-11 04:49
分组1 - 公司发布了Le Mans Ultimate游戏,销量超出预期 [8][9][10][11] - Le Mans Ultimate游戏基于知名赛事授权,有望成为公司的重要游戏系列 [12][13] - 公司计划在6月推出Le Mans Ultimate的免费更新,增加合作模式等新内容 [14][15][16][17][18][19][20][21][22] - 公司正在探索利用AI技术提升游戏的真实性和沉浸感 [18][19] 分组2 - 公司正在与第三方合作伙伴合作,提供更多增值服务和内容 [31][32][33] - 公司正在探索订阅服务模式,为玩家提供更多增值内容和服务 [53][54][55][56][57][58] - 公司通过2022年的重组已经大幅降低了运营成本,未来还将继续优化成本 [60][61] 问答环节重要的提问和回答 问题1 **Jason Tilchen 提问** 询问公司在开发Le Mans Ultimate的控制台版本方面的计划和时间线 [47][48][49][50][51] **Stephen Hood 回答** 公司计划通过与外部合作伙伴合作的方式开发控制台版本,而不是全部内部完成,以降低成本 [48][49][50][51] 问题2 **Michael Kupinski 提问** 询问公司在内容更新和订阅服务方面的计划和时间线 [65][66][67][70][71][72][73] **Stephen Hood 回答** 公司计划在6月推出Le Mans Ultimate的首批内容更新,之后每2-3个月推出新内容,预计在2024年底完成2024赛季的全部内容更新 [66][67][68][69] 公司计划在7-8月推出Le Mans Ultimate的订阅服务,为玩家提供更多增值内容和服务 [72][73] 问题3 **Michael Kupinski 提问** 询问用户生成内容(MOD)是否是公司的发展机会 [78][79][80][81][82] **Stephen Hood 回答** 公司目前没有鼓励Le Mans Ultimate的用户生成内容,而是希望提供更加优质和统一的游戏体验,但rFactor 2平台上的用户生成内容是公司的一个机会 [79][80][81][82]
Motorsport Games(MSGM) - 2024 Q1 - Earnings Call Presentation
2024-05-10 19:06
Q1 2024 Results May 7, 2024 This presentation provides select highlights about Motorsport Games Inc.'s results of operations. Please see Motorsport Games’ Q1 2024 Form 10-Q, filed with the SEC and Q1 2024 earnings release for more complete information on the Company’s results of operations, cash flows, financial condition and liquidity. ...